NEW YORK, Oct. 12, 2022 (GLOBE NEWSWIRE) -- The Latest released Active Pharmaceutical Ingredient (API) Market Research Report provides a detailed assessment of Key and emerging players showcasing company profiles, product/service offerings, market price, and sales revenue to better derive market size estimation. The most appropriate, exclusive, realistic, and admirable Active Pharmaceutical Ingredient (API) market research report is delivered with loyalty to all business needs. With the precise base year and the historic year, estimations and calculations are performed in this industry report. Market share analysis and key trend analysis are the key accomplishing factors in this market report. The report helps to recognize how the market is going to perform in the forecast years by giving information about market definitions, classifications, applications, and engagements. An international Active Pharmaceutical Ingredient (API) market document is given by the DBMR team with reliability and the way in which expected.
Data Bridge Market Research analyses that the active pharmaceutical ingredient (API) market was valued at USD 300,722.26 billion in 2021 and is expected to reach a value of USD 540335.81 billion by 2029 at a CAGR of 7.6% during the forecast period of 2022 to 2029. The rising prevalence of various chronic diseases and an aging population are the major drivers driving the active pharmaceutical ingredients (API) market during the forecast period. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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The active pharmaceutical ingredient (API) is a drug's active component. In layman's terms, API is a component of any drug that produces the desired effects. Drugs are typically made up of several components. The primary ingredient is the API. Excipients are other ingredients that are required to be biologically innocuous and often form a changeable fraction of the drug product. Formulation refers to the process of optimising and composing the mixture of ingredients used in medicine. Some drugs contain multiple active APIs in order to treat multiple symptoms or act in complex ways. Local pharmaceutical companies have done the majority of API production.
Rise in the investment for R&D by public and private organizations
Moreover, the rise in research and development activities and increasing investments by government and private organization will boost new opportunities for the market's growth rate.
Also, the launch of effective therapies and continuous clinical trials will provide beneficial opportunities for the active pharmaceutical ingredient (API) market in the forecast period of 2022-2029. Also, high unmet need of current treatment and developments in healthcare technology will escalate the growth rate active pharmaceutical ingredient (API) market in future.
Some of the major players operating in the active pharmaceutical ingredient (API) market are
- Novartis AG (Switzerland)
- Sanofi (France)
- Pfizer Inc. (U.S.)
- Johnson & Johnson Private Limited (U.S.)
- Abbott (U.S.)
- Teva Pharmaceutical Industries Ltd. (Israel)
- Bausch Health Companies Inc. (Canada)
- UCB S.A. (Belgium)
- Sunovion Pharmaceuticals Inc. (U.S.)
- GW Pharmaceuticals plc. (U.K.)
- AstraZeneca (U.K.)
- GlaxoSmithKline plc (U.K.)
- H. Lundbeck A/S (Denmark)
- Takeda Pharmaceutical Company Limited (Japan)
- Sumitomo Dainippon Pharma Co., Ltd. (Japan)
- Cadila Pharmaceuticals (India)
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The Primary Objectives of This Global Market Research Report Are as Follows:
- To understand this market competition by analyzing the top vendors, with their market profile, revenue, profits, import-export details, and market share
- To analyze the product type, applications and regional presence of active pharmaceutical ingredient (API) Industry
- To state the pricing structure, import-export details, supply chain analysis, SWOT analysis to facilitate the key decision-making process
- To provide the complete structure and fundamental overview of this Industry
- To offer insights into vital this market aspect like growth trajectory, CAGR value, market share, and revenue analysis
- To evaluate the growth opportunities, threats, market drivers, and risks involved
- To boost future growth, investment analysis and upcoming growth opportunities with the analysis of emerging market segments and sub-segments
Recent Development
- Novasep, a provider of services and technologies to the life sciences industry, invested approximately EUR 6 million in its Chasse-sur-Rhône, France site in December 2021 to upgrade its capabilities in areas such as oncology, central nervous system (CNS), and infectious diseases.
- Teva Pharmaceutical and MEDinCell were approved by the US Food and Drug Administration (FDA) in August 2021 for a New Drug Application for TV-46000/mdc-IRM (risperidone extended-release injectable suspension for subcutaneous use). The medication is being used to treat schizophrenia.
- Pfizer Inc. announced a multi-year agreement with Gilead Sciences Inc. in August 2020 to manufacture and supply Gilead's investigational antiviral remdesivir, assisting efforts to scale up supply of the investigational treatment for COVID-19.).
Key Industry Drivers:
- Rapid technological advancements
Increased technological advancements will improve market players' capabilities and manufacturing skills, allowing them to provide APIs in bulk and meet consumer demand, potentially driving the growth of the global active pharmaceutical ingredients (API) market.
- Increasing investment for healthcare infrastructure
Rising investment in API research and development will expand the global active pharmaceutical ingredients (API) market's growth opportunities.
- High prevalence of chronic diseases
The rising prevalence of chronic diseases is expected to increase drug demand, fuelling the growth of the active pharmaceutical ingredients market in the near future. Furthermore, new drug and biological product launches, acquisitions, collaborations, and regional expansions are some of the strategic initiatives to maintain market stability.
Furthermore, advancement in medical technology, rising initiatives by public and private organizations to spread awareness and growing government funding are the factors that will expand the active pharmaceutical ingredient (API) market. Additionally, high disposable income, rising number of cases of seizures and changing lifestyle will expand the active pharmaceutical ingredient (API) market.
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Key Segmentation: Active Pharmaceutical Ingredient (API) Market
The Global active pharmaceutical ingredient (API) market is segmented on the basis of molecule, type, type of manufacturer, synthesis, chemical synthesis, type of drug, usage, potency and therapeutic application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
By Molecule
- Small molecule
- Large molecule
By Type
- Innovative Active Pharmaceutical Ingredients
- Generic Active Pharmaceutical Ingredients
By Type of manufacturer
- Captive API Manufacturer
- Merchant API Manufacturer
Synthesis
- Synthetic Active Pharmaceutical Ingredients
- Biotech Active Pharmaceutical Ingredients
By Indications
- Acetaminophen
- Artemisinin
- Saxagliptin
- Sodium Chloride
- Ibuprofen Losartan Potassium
- Enoxaparin Sodium
- Rufinamide
- Naproxen
- Tamoxifen
- Others
By Type of drugs
- prescription drugs
- over the counter drugs
By Usage
- clinical
- research
By Potency
- low-to-moderate potency active pharmaceutical ingredients
- potent-to-highly potent active pharmaceutical ingredient
By Therapeutic application
- cardiology
- CNS & neurology
- Oncology
- Orthopaedic
- Endocrinology
- Pulmonology
- Gastroenterology
- Nephrology
- Ophthalmology
- other therapeutic application
Market Regional Analysis/Insights
The active pharmaceutical ingredient (API) market is analysed and market size insights and trends are provided by country, type, treatment, diagnosis, indications, dosage, route of administration, end-users and distribution channel as referenced above.
The countries covered in the active pharmaceutical ingredient (API) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Due to rising healthcare expenditures and well-established healthcare infrastructure, the United States dominates the North America active pharmaceutical ingredients (API) market. The small molecule segment in North America is expected to grow at the fastest rate during the forecast period of 2021 to 2028. China is leading the growth of the Asia-Pacific active pharmaceutical ingredients (API) market, and the small molecule segment is dominating in the country as active pharmaceutical ingredients (API) become more affordable. Due to increased consumption demand for active pharmaceutical ingredients, Germany's small molecule segment dominates the Europe active pharmaceutical ingredients (API) market.
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Global Active pharmaceutical ingredient (API) Market: Regulations
- Market Overview
- Global Active pharmaceutical ingredient (API) Market, By Component
- Global Active pharmaceutical ingredient (API) Market, By Gene Type
- Global Active pharmaceutical ingredient (API) Market, By Gene Synthesis Type
- Global Active pharmaceutical ingredient (API) Market, By Application
- Global Active pharmaceutical ingredient (API) Market, By Method
- Global Active pharmaceutical ingredient (API) Market, By End User
- Global Active pharmaceutical ingredient (API) Market, By Distribution Channel
- Global Active pharmaceutical ingredient (API) Market, By Region
- Global Active pharmaceutical ingredient (API) Market: Company Landscape
- SWOT Analyses
- Company Profile
- Questionnaires
- Related Reports
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Browse More Reports by DBMR:
- North America Active Pharmaceutical Ingredients (API) Market, By Molecule (Small Molecule, Large Molecule), Type (Innovative Active Pharmaceutical Ingredients, Generic Innovative Active Pharmaceutical Ingredients), Type of Manufacturer (Captive API Manufacturer, Merchant API Manufacturer), Synthesis (Synthetic Active Pharmaceutical Ingredients and Biotech Active Pharmaceutical Ingredients), Chemical Synthesis (Acetaminophen, Artemisinin, Saxagliptin, Sodium Chloride, Ibuprofen, Losartan Potassium, Enoxaparin Sodium, Rufinamide, Naproxen, Tamoxifen, Others), Type of Drug (Prescription Drugs, Over-the-Counter), Usage (Clinical, Research), Potency (Low-to-Moderate Potency Active Pharmaceutical Ingredients, Potent-to-Highly Potent Active Pharmaceutical Ingredient), Therapeutic Application (Cardiology, CNS and Neurology, Oncology, Orthopedic, Endocrinology, Pulmonology, Gastroenterology, Nephrology, Ophthalmology, Other Therapeutic Application) https://www.databridgemarketresearch.com/reports/north-america-active-pharmaceutical-ingredient-api-market
- Europe Active Pharmaceutical Ingredients (API) Market, By Molecule (Small Molecule, Large Molecule), Type (Innovative Active Pharmaceutical Ingredients, Generic Innovative Active Pharmaceutical Ingredients), Type of Manufacturer (Captive API Manufacturer, Merchant API Manufacturer), Synthesis (Synthetic Active Pharmaceutical Ingredients and Biotech Active Pharmaceutical Ingredients), Chemical Synthesis (Acetaminophen, Artemisinin, Saxagliptin, Sodium Chloride, Ibuprofen, Losartan Potassium, Enoxaparin Sodium, Rufinamide, Naproxen, Tamoxifen, Others), Type of Drug (Prescription Drugs, Over-the-Counter), Usage (Clinical, Research), Potency (Low-to-Moderate Potency Active Pharmaceutical Ingredients, Potent-to-Highly Potent Active Pharmaceutical Ingredient), Therapeutic Application (Cardiology, CNS & Neurology, Oncology, Orthopedic, Endocrinology, Pulmonology, Gastroenterology, Nephrology, Ophthalmology, Other Therapeutic Application), Country (Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Austria, Norway, Hungary, Lithuania, Ireland, Poland, Rest of Europe) https://www.databridgemarketresearch.com/reports/europe-active-pharmaceutical-ingredient-api-market
- Small Molecule Active Pharmaceutical Ingredient (API) Market, By Type (Synthetic/Chemical API, Biological API), Therapeutic Type (Autoimmune Diseases, Oncology, Metabolic Diseases, Ophthalmology, Cardiovascular Diseases, Infectious Diseases, Neurology, Respiratory Disorders, Dermatology, Urology), Manufacturing Method (In-House, Contract), Application (Clinical, Commercial) https://www.databridgemarketresearch.com/reports/global-small-molecule-api-market
- Asia-Pacific Active Pharmaceutical Ingredients (API) Market, By Molecule (Small Molecule, Large Molecule), Type (Innovative Active Pharmaceutical Ingredients, Generic Innovative Active Pharmaceutical Ingredients), Type of Manufacturer (Captive API Manufacturer, Merchant API Manufacturer), Synthesis (Synthetic Active Pharmaceutical Ingredients and Biotech Active Pharmaceutical Ingredients), Chemical Synthesis (Acetaminophen, Artemisinin, Saxagliptin, Sodium Chloride, Ibuprofen, Losartan Potassium, Enoxaparin Sodium, Rufinamide, Naproxen, Tamoxifen, Others), Type of Drug (Prescription Drugs, Over-the-Counter), Usage (Clinical, Research), Potency (Low-to-Moderate Potency Active Pharmaceutical Ingredients, Potent-to-Highly Potent Active Pharmaceutical Ingredient), Therapeutic Application (Cardiology, CNS & Neurology, Oncology, Orthopedic, Endocrinology, Pulmonology, Gastroenterology, Nephrology, Ophthalmology, Other Therapeutic Application), Country (Japan, China, Australia, India, South Korea, Singapore, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Rest of Asia-Pacific) https://www.databridgemarketresearch.com/reports/asia-pacific-active-pharmaceutical-ingredient-api-market
- Middle East and Africa Pharmaceutical Ingredients (API) Market, By Molecule (Small Molecule, Large Molecule), Type (Innovative Active Pharmaceutical Ingredients, Generic Innovative Active Pharmaceutical Ingredients), Type of Manufacturer (Captive API Manufacturer, Merchant API Manufacturer), Synthesis (Synthetic Active Pharmaceutical Ingredients and Biotech Active Pharmaceutical Ingredients), Chemical Synthesis (Acetaminophen, Artemisinin, Saxagliptin, Sodium Chloride, Ibuprofen, Losartan Potassium, Enoxaparin Sodium, Rufinamide, Naproxen, Tamoxifen, Others), Type of Drug (Prescription Drugs, Over-the-Counter), Usage (Clinical, Research), Potency (Low-to-Moderate Potency Active Pharmaceutical Ingredients, Potent-to-Highly Potent Active Pharmaceutical Ingredient), Therapeutic Application (Cardiology, CNS & Neurology, Oncology, Orthopedic, Endocrinology, Pulmonology, Gastroenterology, Nephrology, Ophthalmology, Other Therapeutic Application), Country (Saudi Arabia, South Africa, UAE, Israel, Kuwait, Egypt, Rest of Middle East & Africa) https://www.databridgemarketresearch.com/reports/middle-east-and-africa-active-pharmaceutical-ingredient-api-market
- Veterinary Active Pharmaceutical Ingredients Manufacturing Market, By Service Type (In-house, Contract Outsourcing), Synthesis Type (Chemical-based API, Biological API, HPAPI), Product (Antiparasitic, Anti-infectives, NSAIDs, Vaccines, Biologics, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-veterinary-active-pharmaceutical-ingredients-manufacturing-market
- Radiopharmaceuticals Market, By Type (Diagnostic Nuclear Medicine, Therapeutic Nuclear Medicine), Application (Diagnostic Applications, Therapeutic Applications), Procedural Volume Assessment (Diagnostic Procedures, Therapeutic Procedures), Source (Nuclear Reactors, Cyclotrons), End User (Hospitals, Ambulatory Surgical Centers, Diagnostic Centers, Cancer Research Institutes, Others) https://www.databridgemarketresearch.com/reports/global-radiopharmaceuticals-market
- Small Molecule Active Pharmaceutical Ingredient (API) Market, By Type (Synthetic/Chemical API, Biological API), Therapeutic Type (Autoimmune Diseases, Oncology, Metabolic Diseases, Ophthalmology, Cardiovascular Diseases, Infectious Diseases, Neurology, Respiratory Disorders, Dermatology, Urology), Manufacturing Method (In-House, Contract), Application (Clinical, Commercial) https://www.databridgemarketresearch.com/reports/global-small-molecule-api-market
- Oxytocic Pharmaceutical Market, By Treatment (Pre-Eclampsia/Eclampsia, Postpartum Haemorrhage, Others), Product Type (Abortion Induced Incomplete, Inevitable Abortion, Postpartum Haemorrhage, Labor Induction, and Labor Arrest), End user (Hospitals and Clinics, and Maternity Centre), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) https://www.databridgemarketresearch.com/reports/global-oxytocic-pharmaceutical-market
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